Direct Communication Solutions Returns to Gibraltar, Receives $1MM Line of Credit

Gibraltar Business Capital recently renewed its relationship with Direct Communication Solutions (DCS), with a new $1 million accounts receivable credit facility to help the machine-to-machine provider of wireless services and products transition into higher-margin products. DCS, a San Diego based maker of embedded modules, routers, and GPS systems, needed financing to help it stay ahead of commoditization. As has been … Read More

Gibraltar Rounds Out November by Closing 2 New ABL Credit Facilities totaling $7.7MM

Gibraltar Business Capital recently closed two new asset-based funding credit facilities to help private companies advance their productions during short-term transitional periods. One was a $4.5MM credit facility for CDA Inc., a Charlotte, N.C.- based maker and supplier of optical storage media. Founded in 2000, CDA has been able to grow market share at a time when optical storage media, … Read More

Gibraltar Closes Asset-Based Line of Credit for an Importer of Organic Clothing

Gibraltar Business Capital recently closed a new $2MM asset-based revolving line of credit to support rapid growth for PACT Apparel, which makes super soft organic cotton clothing, sold through wholesale partners and the company’s website (www.wearpact.com). The company is striving to change the apparel industry, by making clothing that is better for people and the planet. Gibraltar Business Capital more … Read More

Gibraltar Closes Asset-Based Credit Facility for Aluminum and Brass Casting Foundry

Gibraltar Business Capital recently closed a new $1.5MM asset-based credit facility for Cast Technologies, an aluminum and brass castings foundry based in Peoria, Ill. The third-generation family-owned business was founded in 1887 and has evolved with the industry, laying claim to being one of the first foundries to successfully pour low-leaded brass castings, a major accomplishment in 1935 that remains … Read More

Gibraltar Creates Asset-Based Loan For Fashion Retailer

Gibraltar Business Capital recently closed a new $5MM asset-based line of credit for Need Supply Co., the fashion and lifestyle retailer that got its start in 1996 by selling vintage Levi jeans out of a small storefront in Richmond, Va. Since then, it has expanded its offerings to include contemporary designers and independent labels for men’s and women’s clothing and … Read More

Gibraltar creates asset-based loan for e-commerce cable management company

Gibraltar Business Capital recently closed a new $3MM asset-based credit facility for CableOrganizer.com, a Fort Lauderdale, Fla.-based e-commerce distributor of products founded on managing cord clutter in homes and offices. Today, its more than 100,000 products also include electrical supplies, network products, home theater components, tools and testers. The larger and more flexible Gibraltar revolver will allow the company to expand … Read More

Gibraltar creates asset-based loan for leading manufacturer of American-made body armor

Gibraltar Business Capital closed a new $10.8MM asset-based line of credit for Eden, N.C.-based KDH Defense Systems, a leading engineer and manufacturer of American-made, high-performance body armor for the military, federal government, and law enforcement agencies. Through a highly competitive process, Gibraltar Business Capital was able to help KDH prepare for a major manufacturing ramp up. A strong understanding of … Read More

Food powder manufacturer and processor secures asset-based loan to expand plant

Gibraltar Business Capital recently closed on a new $6.75 million asset-based line of credit for St. Paul, Minn.-based Maple Island Inc., a leading manufacturer, processor and packager of quality food-powder products and one of the only vendors that is USDA-approved, FDA-inspected and Kosher-approved for infant/toddler powdered formula. Through a highly competitive process, Gibraltar Business Capital was able to help Maple Island creatively … Read More

$8.8MM Asset Based Loan for Elastic Fabrics of America

Gibraltar Business Capital closed a new $8.8MM asset-based line of credit for Greensboro, N.C.-based Elastic Fabrics of America, a leading manufacturer of warp-knitted and circular-elastomeric fabrics that are used to make lingerie, athletic apparel and certain fabrics needed for medical-related purposes. Gibraltar Business Capital was able to help Elastic Fabrics of America, which is owned by a private-equity firm, tap … Read More

Texas-based drilling company locked in $6MM ABL facility through Gibraltar

Gibraltar Business Capital closed a new $6MM asset-based line of credit for Horizon Mud Company, a full-service drilling fluids company based in Midland, Tex. In an industry beset with instability since the price of oil began a steeper decline in mid-2014, Horizon Mud was looking for a well-tailored credit solution that would unlock the value of its assets as it … Read More